Global Outsourcing Control, Director (AVP equivalent)
Global Outsourcing Control, Director (AVP equivalent)
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Job Description
Global Outsourcing Control Director
London
JR017001
Were seeking someone to join our team as a Global Outsourcing Control - Director to ensure the integrity of the Firms outsourcing activities as well as implementing and enforcing consistent adherence to the Firms TPRM Outsourcing framework. The job holder will work with TPPM and Morgan Stanleys Business Units to manage Third-Party risks and maintain all Third-Party arrangements in compliance with the Firms internal policies external rules and relevant regulations on all aspects of Third Party risk management.
In the Corporate Services division we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business. This is a Director level position within Third Party Risk Management which specializes in identifying analyzing and managing risks presented to a company as a result of working with external parties / vendors.
Since 1935 Morgan Stanley is known as a global leader in financial services always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What youll do in the role:
The role will be pivotal in ensuring the integrity of the Firms outsourcing activities as well as implementing and enforcing consistent adherence to the Firms TPRM Outsourcing framework. The job holder will work with TPPM and Morgan Stanleys Business Units to manage Third-Party risks and maintain all Third-Party arrangements in compliance with the Firms internal policies external rules and relevant regulations on all aspects of Third Party risk management.
Develop a strong understanding of regulatory requirements as they relate to outsourcing and how the Firm must meet those requirements. Utilizing this maintain and improve the Firms TPRM outsourcing framework.
Partner with regional Stakeholders to conduct thorough data validation of local inventory submissions against global datasets to ensure consistency and accuracy as well as enhancing local processes and procedures and alignment with global inventory tooling. Identify discrepancies and work with relevant teams.
Review the definition of and current implementation of the Outsourcing rules by analyzing data to assess adherence with both established outsourcing rules and external Regulations. Provide insights and recommendations based on data-driven assessments to improve processes.
Perform data-driven assessments of inter-affiliate documentation to ensure accuracy and alignment with current data as well as drive the completion of the systemic migration. Collaborate with cross-functional teams to address any discrepancies.
Develop and maintain reports that provide insights into the status of outsourcing activities and adherence levels. Present findings to stakeholders and suggest actionable improvements.
Identify opportunities for continuous process improvements in data validation and compliance assessment. Stay updated with industry best practices and incorporate them into the teams processes.
Maintain an in-depth understanding of the Firms Third-Party operations industry knowledge and regulatory changes
Review and measure the Outsourcing framework / program as well as the teams achievements against defined metrics to assess effectiveness
What youll bring to the role:
At least 4 years relevant experience would generally be expected to find the skills required for this role
Experience working with global teams in a fast-paced environment with a demonstrated ability to meet goals and deadlines
Experience in data analysis and a strong proficiency in data analysis tools and software (e.g. Excel SQL Tableau).
Strong communication skills Excellent communication and presentation skills to effectively convey complex data insights to non-technical stakeholders and a proven ability to effectively interact with senior management
Experience in Third Party risk management and a strong understanding of Third Party and the outsourcing regulatory landscape
A demonstrated ability to think strategically to build credibility and to influence key internal and external stakeholders
Project management skills evidenced by a track record of success leading engagements or other problem-solving initiatives requiring coordination of cross-function team members with varied backgrounds and skills
Experience participating in Third Party and outsourcing risk reviews for regulatory and/or internal audit
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find an opportunity to work alongside the best and the brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey offering some of the most attractive and comprehensive employee benefits and perks in the industry. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe please copy and paste into your browser.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds talents perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting developing and advancing individuals based on their skills and talents.
Required Experience:
Exec
Employment Type
Full-Time
